Progressive is an insurance company that specializes in car insurance and other types of vehicle and property-based insurance. Progressive’s business relies on the idea of getting the money to its customer as quickly as possible, by getting compensation to the customer faster than any other insurance company. This methodology shows the customer that they will get the best protection and care from Progressive, thereby making them the obvious choice to invest their money in. It works, too, as 20% more Progressive customers stayed with the company last year than the year before. It is simple economics – who provides the quickest, most effective service will be the most desirable to the customer.
Computer hardware and technology is integral to Progressive’s continued prosperity; they utilize IRVs, which stands for Immediate Response Vehicles, to show up on the scene of an accident quickly and gather the most accurate information they can in order to settle the claim. In these IRVs, adjusters are able to benefit from the latest wireless technology – laptops that can access Progressive’s mainframe in a flash, two-way radios that give them instant access to dispatchers, and high resolution digital cameras that take detailed pictures that can help get the claim settled.
All of these tools allow the claims adjustors to get on the scene, find all the information they need on the claim, and settle it quickly. This allows the customer to have peace of mind and faster compensation, bringing them back to realizing that Progressive is the best option for their insurance coverage.
Moore’s law, a trend that states that computer power and capabilities are doubling every couple of years and will continue until we reach a computing plateau, works excellently in this case. A mere decade ago, computers could not process information as quickly as they can now; what’s more, we did not have the portability of convenient laptops that carried any sort of processing power, and cell phones were not as versatile or powerful as they are today. In the past few years, we have seen a staggering increase in Internet connection speed, hard drive space, and wireless connectivity, to the point where things like the Progressive IRV project can be implemented on a national level and have it be incredibly effective for their customers. Before the last decade, it would have been impossible to pull off this kind of program; now, a customer can get a claim settled within hours of an accident, all without having to lift a finger. It is for this reason that Progressive manages to stay ahead of the curve and use the latest technology to enhance the way they do business.
One paper in two versions
Try it with your WOW discount - 70% OFF the second version with extras.
Case Study On Progressive Insurance
Type of paper: Case Study
Topic: Business, Disaster, Technology, Marketing, Company, Computers, Money, Customers
Pages: 1
Words: 275
Published: 2019/11/07
Cite this page
- APA
- MLA
- Harvard
- Vancouver
- Chicago
- ASA
- IEEE
- AMA
Note: this
sample is kindly provided by a student like you, use it only as a guidance.
Finished papers: 1670
This paper is created by writer with
ID 11429
If you want your paper to be:
Well-researched, fact-checked, and accurate
Original, fresh, based on current data
Eloquently written and immaculately formatted
Our services
- Free Essay Database
- Buy Custom Essay Papers
- College Application Essay Writer
- Help With Writing Term Papers
- Help Me Write My Book Report
- Scholarship Essay Help
- Professional Personal Statement Writers
- Best College Essay Writing Service
- Buy College Essay Papers
- Help With Research Paper
- Do My Research Paper
- College Essays Help
- Cheap Research Paper Writers
- Best Term Paper Writing Service
- Order Term Paper
- I Need Help Writing My College Essay
- Purchase Research Paper
- Pay For Research Papers
- Personal Statement Helper
- Purchase Personal Statement
- Pay Someone To Write My Term Paper
- Help With Writing My Personal Statement
- Cheap Research Paper Writers
- Purchase College Research Papers
- Custom Research Paper Service
- Buy Custom Term Paper
- Custom Research Papers For Sale
- Custom Term Papers For Sale
- Professional College Paper Writers
- Pay For College Essay
- Buy College Paper
- Custom College Paper Writing Service
- Write An Essay For Me
- Essay Writer Help
- Cheap Custom Essay
- Case Study Analysis Help
- Buy Essays Online
Related Essays
Related Topics
- Business Case Studies
- Customers Case Studies
- Money Case Studies
- Computers Case Studies
- Company Case Studies
- Marketing Case Studies
- Technology Case Studies
- Disaster Case Studies
- Insurance Case Studies
- Claim Case Studies
- Information Case Studies
- Getting Case Studies
- Insurance Company Case Studies
- Wireless Case Studies
- Decade Case Studies
- Effective Case Studies
- Power Case Studies
- Accident Case Studies
- Compensation Case Studies
- Radio Case Studies
